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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: nycnpbbkr who wrote (8446)	11/5/1997 11:11:00 PM
From: TideGlider	Respond to of 25960

Now that it's agreed we all took a trip the proctologist, we have to do something constructive to heal the wounded orifice. :( The shorts don't leave unless they have good cause to repurchase. They will lay on this stock until it shakes their margins. So' far there were only a few times when they started to buy out. Then the tide turned and they lay back down for a comfortable and even more profitable snooze. I am open for anything short of murder...just kidding...er...really! Bruce

To: nycnpbbkr who wrote (8446)	11/5/1997 11:30:00 PM
From: Douglas W. DeVries	Read Replies (1) \| Respond to of 25960

NYCNPBBKR, Curly, Darrell and all: Assuming that there is a significant short interest related to these convertible bonds, what do you see the bondholder's current strategy to be? I would imagine that there was some short-covering on the Tuesday gap-down after the Monday meltdown. The stock came back real fast. In your opinion is there a significant incentive for shorts to cover prior to the short interest reporting for November? Do you think there is a significant delay in short covering due only to anticipated year-end tax selling by discouraged longs? In any event, how much longer do you think this large short interest will stick around? I for one would be very nervous to hold a large short position of CYMI in January 1998. The new Roth IRA's come on line in January and I think we're in for a nice flow of cash into the market. CYMI is a stock that is perfectly positioned for a January effect blast-off. Thank you in advance for your valued opinions and analysis. Doug

To: nycnpbbkr who wrote (8446)	11/6/1997 2:09:00 AM
From: Maurice S. Green	Read Replies (2) \| Respond to of 25960

NYC---I'm learning, but I do have a question. Why would anyone who shorted around 40 not have covered in the 20's and taken his big profit, especially if he believed the stock would eventually go up above 47. In fact I don't understand why people who shorted after the panic didn't already buy back considering what the company has said and the general situation. I am not talking about traders looking for 1/2 a point or so. Help me to understand this please. Maurice "Rick" Green long CYMI